Stock market today: DJIA crashed, S&P 500 fell down, NASDAQ hopes for new week

Stock market today: Dow Jones Industrial Average is not ready for the new week and a new problems

In brief: Stock market today: bulls for the DJIA want some more. Traders hope for the new week.

Nasdaq Composite, Standard & Poor’s 500 and the DJIA are not able to cope with yesterday’s bearish trend. The level of support for the stock market remains very weak. Dow Jones industrial average: 9686.48 points (-46.05 points) -0.47%, Nasdaq Composite: 2091.79 points (-9.57 points) -0.46%, S & P 500: 1022.58 points (-4.79 points) -0.47%.

NYSE: trading volume totaled 760 million shares, or approximately 24% below the average for the past three months at this time, the ratio of the drop experienced in the course of trading shares to the number increased – 1.9:1. NASDAQ: trading volume totaled 1.34 billion shares, or approximately 33% below the average for the past three months at this time, the ratio of the drop experienced in the course of trading shares to the number increased – 1.8:1. Meanwhile, the stock market in Germany concluded the trading session in different directions, with the tech sector looks substantially better than the market. In the course of trading was dominated by a positive component – published macroeconomic data for the eurozone as a whole conform to the idea of growth (rate of unemployment in Italy and the euro area, contrary to expectations, decreased), but closer to closing on the bleak mood of Germany moved from the United States, where she unfavorable statistics on orders in the manufacturing industry. As usual, the bidders were listening to the recommendations of analysts for individual securities. To close the German DAX blue-chip indicator retreated 0.40% to a mark at 5,834.15 points and the index of high-tech sector TecDAX rose to 0,76%, reaching a level of 725.50 points. Operator of the Frankfurt stock exchange Deutsche Boerse has moved to 2.9% after Morgan Stanley analysts raised the rating of its shares to “market level” to “better market.” The rest of the financial sector in general traded in positive territory, shares of the largest German bank Deutsche Bank strengthened by 0,1%, the second largest Commerzbank – 1,8%.

Ukrainian Globalist
2010-07-03 07:34, Economics.

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